Chief Credit Officer

EVP/Chief Credit Officer

Excellent opportunity for an EVP/Chief Credit Officer with a very successful regional financial institution. Relocation assistance offered to the right candidate.

The Chief Credit Officer is the senior manager responsible for maintaining and setting loan policy, managing the credit and loan closing processes, provides oversight of the credit granting process. Provides credit guidance to lenders, chairs the Credit Risk Management Committee, chairs the Watch List and approves major credit exposures up to individual authority.

Responsibilities

• Approving major credit exposures up to personal lending limits. This also involves meeting with lenders in triage and often individually to provide direction to the credit process.
• Managing the day to day Credit Department and loan closing process including credit approval, managing concentration limits on a portfolio basis, adherence to credit policies, performing industry reviews as required, responsible for regulatory audit, etc.
• Preparation of materials and acting as chair of the Credit Risk Management Committee and Watch List Committee.
• Meeting with Portfolio Managers and Credit Analysts to help structure and negotiate loan requests.
• Setting credit standards for lending.
• Other duties as assigned.
• Experience with ALLL analysis narrative and stress test understanding.

Requirements

• Bachelor's degree in finance or related areas;
• At least 10 years progressive experience in credit related positions with community or large banks or financial services firms
• Extensive experience approving complex commercial real estate, C&I lending, SBA lending and construction financing.
• Substantial delegated credit authority
• Prior experience in regulatory examinations and preparation in policy, procedures, risk management and complete credit processes.
• Extensive credit related experience, underwriting and structuring complex commercial banking transactions.
• Ability to manage a team of employees with a broad range of experience and technical skills, as well as training junior underwriters.
• Ability to work with a variety of internal and external contacts to manage credit exposure while meeting both bank and the customer's needs.